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Financier Stanford convicted in $7 billion fraud
Posted on March 6, 2012 at 1:06 PM
Updated Tuesday, Mar 6 at 7:38 PM
A Houston jury has convicted Texas financier R. Allen Stanford on all but one of the charges he faced for allegedly bilking investors out of more than $7 billion in one of the largest Ponzi schemes in U.S. history.
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Credit: Jobin Panicker / WFAA
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